High-net worth and core investors between the ages of 40 and 75 are discouraged from entering the Singapore property market due to the perception that prices are inflated, according to a survey conducted by Legg Mason Global Asset Management (LMGAM). The survey was conducted among three groups of investors â high-net worth, core and millennials. Similar sentiments were also expressed among millennial investors aged between 18 and 39. The proportion of investors who perceive real estate as one of their top three investment choices fell from 41 per cent in 2015 to 29 per cent in 2016. Despite expressing greater confidence in Singaporeâs economy and the global economic uncertainty, local investors are still more likely to pay attention to international investments. They are also the most risk-averse in Asia, with 78 per cent of investors over 40 and 69 per cent of millenn...